There are only three possible entry points to Bahrain: by airport, by the King Fahd Causeway (which links the island to Saudi Arabia) and by port. With the bulk of Bahrain’s imports and a large proportion of its exports entering and leaving by sea, the strength of maritime transport is thus something of a barometer for the overall economic health of...
As part of its economic diversification strategy, Vision 2030, Bahrain is planning to develop an internal public transport network and to build rail connections to both Saudi Arabia and Qatar. Bahrain’s Ministry of Transport is in the process of finalising the country’s railway master plan, which was due to be completed by the end of 2012, but no...
With a growing number of ports throughout the region, how does Bahrain plan to maintain its competitive advantage as a trans-shipment centre?
Bahrain has remained largely insulated from international external risks and has weathered the global economic shocks of the recent past relatively well. At the height of the international financial downturn, for example, the kingdom avoided falling into recession and even achieved real GDP growth of more than 6% in 2008 and over 3% in 2009.
Efforts to ensure long-term economic growth in the republic will not succeed without substantial investments in transport infrastructure. This is well understood by the government, which nearly doubled public spending on the sector as a percentage of GDP between 2004 (1.06%) and 2010 (1.92%), according to figures from the World Bank. “Turkey’s...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×